Brief
Carmel Partners Seals Acquisition of UWS Multifamily Portfolio Minority Stake
Carmel Partners has officially closed on its acquisition of a 49 percent stake in a five-building multifamily portfolio on the Upper West Side, Commercial Observer has learned. The firm purchased the
Summary
Carmel Partners has officially closed on its acquisition of a 49 percent stake in a five-building multifamily portfolio on the Upper West Side, Commercial Observer has learned.
The firm purchased the stake from MetLife.
UDR, a Colorado-based, publicly traded real estate investment trust and the majority stakeholder, is remaining in the deal. The portfolio — […]
Source
- Commercial Observercommercialobserver.com
